Trade-offs among various SDGs are unavoidable. Sustainable Consumption and Production the most efficientstrategy to mitigate trade-offs ... JANEZ POTOČNIK (co-Chair IRP / UNEP )

https://www.youtube.com/watch?v=oWy0opAZ9-A

To lead the ever-transiting industry by premium quality, environmentally-Sustainable leather Products & the unique LITE manufacturing /service system , by continuous INNOVATION, SELF DISRUPTION and COLLABORATION.

Be The Agent of Change – The Tannery !!

2nd Vietnam plant in construction and 3 other outsourced facilities in S-Korea, Thailand , Bangladesh.

Digitization : Creating value through Digital transformation

( Source: Frost & Sullivan and /or WSJ Studios and / or Yokogawa )

What will our customer objective be?

Our value proposition?

include lead generation, customer acquisition,

improve customer service,

co-creating with customers,

grow share of wallet of existing customers?

Who are our target customers?

Which customers are most relevant for thr initiatives ?

Do we profit more by making less ?

Which customer network behavior will we use?

what is our digital innovation(s) in our PSS ?

What are the components to our value network ?

Who are incumbents ? The challengers ?

Any differentials , Barriers to Imitation , Displacement value ?

How do we measure success ?

Digitization - Beyond Production Automation & Process Control

ERP (Filmmaker/Antara)

SCADA (Ignition/Antara)

Website

ControlHMI (Human

Machine Interface)

Phones/Tablets

(Remote)

(Onsite)

Company

Database

PLCs

Temperature

Sensor/Control

Flow

Sensor/ControlPressure S/C Humidity S/C

(Offsite)

Connection

with Macau

Other Tannery Plants

Server

Human

Monitoring

Level

Server

Structure

Machine

Monitoring

Level

Structure Plan

- In ISA’s server structure, the ERP and SCADA

programs will be installed where information from

the production floor can be gathered, interpreted

and distributed to various company departments,

i.e. CS, Sales, Customs and Shipping

- On the Machine Level, PLCs (Programmable Logic

Controllers) will autonomously read out machine

parameters and readjust for efficiency, this

information is sent to the servers.

- Workers can then view and interact with this

information via phones, tablets, computers, online

or directly at the PLC’s display screen

Phase 1

2018

Our further approach:

From Trade Mark to Patent !From Brand to Co-Branding !From Co-Branding to Consumers !From Waste into income streams !

This is how we did it , and there will be more in various models

Findings ? Granular approach ? or systemic design ? into circular economy approach ?

Major Circular-Economy Activities :

• Mindful 5R’s : Refuse, Reduce, Reuse, Repurpose (Redesign), Recycle

• Loop: Bigger loop ? Small Loop ? More Loops ?

*Capital intensive or decentralized ?

*Where is cluster, Tech-Proximity ? What about Policy ?

• Exchange : Process & material flows ,

longer product life & market expansion

• Optimize - Resource Decoupling , Impact Decoupling

• Share Best Practices

Integrated Annual Reporting

• Integrated reporting combines sustainability reporting with annual financial reporting, and looks at how an entity uses different forms of capital, such as financial, manufacturing, intellectual, human, social and natural capitals

• Benefits? • Enhancing transparency and

accountability, making better investment decisions, better stakeholder communication

• Differentiate: • Shareholder: those, who hold the share in

the company. Shareholders are always stakeholders

• Stakeholder: those, who have interest in company’s success or failure, and who are affected by its activities

Financial reporting

Focus on financial and manufacturing capital

Historical financial performance and compliance driven

Sustainability reporting

Addresses the issues of natural, intellectual, human

and social capital

Strong focus on reporting non-financial information

Integrated reporting

Preparation

• Executive Management Strategy

• Setting up a Sustainability team

• Liaison officer in each Department to furnish information

Process organization

• Develop Materiality Assessment

• Develop Stakeholder Engagement

Implementation

• Sustainability team develop internal impact assessment and report

• Validate with executive Management Strategy

• Release to Stakeholders

• Get feedback via financial performance or qualitative press

What is needed?

The Industry Value of Sustainability Reporting Harvard Business School & London Business School jointly concluded that “high sustainability companies” outperform “low sustainability companies” by stock value and financial accounting measures.

Going Forward Be The Change Agent

The Tannery !!

Thank you !!